Dividend will always be paid in Jan month and this will be the trigger, min 4 Rs dividend expected as the debt service has increased
As H1 has performed better than previous years H1, this will give a good move till 85 levels
CESC has broken the day downtrend and is moving upside. I already have taken the trade with a 1 rupee stop loss and 5R target. one can still take this very low-risk trade.
Please do your own research before taking any trade.
I will buy CESC because :
The price has broken the resistance after 3 years
It showed a good move upwards before breaking Resistance.
The price is now at support the resistance may act as SUPPORT.
Entry : 93
Target : 127
Stop loss : 86
Buy @ 80 Target 100.
CESC is fundamentally a very good stock. It is in uptrend. You can BUY according to the Flag and Pole pattern @ 80 and Target is @100
